Originally written on Larry Brown Sports  |  Last updated 11/19/14
Vince Young is in poor financial shape. That much we know. The former Tennessee Titans quarterback blew around $60 million in career earnings and is now in a dispute with his former financial adviser. The adviser claims Young took out an extremely high-interest loan during the NFL Lockout because he needed finances. Young claims he didn’t really know what he was signing — that he was misled — and that his former advisers misappropriated around $5.5 million of his funds. It’s up to you to decide whom to believe in the the situation, but there is one part of the story that must be shared. Young’s former financial adviser, Ronnie Peoples, says he arranged for Young to have a seven-figure loan taken out during the lockout because the quarterback had committed around $300,000 to spend on his birthday party and needed the money to cover the expenses, The Associated Press reports. Young’s birthday is May 18, 1983, so he would have been turning 28 at the time and probably had gone months without getting a paycheck since the NFL was in the offseason. $1.9 million was borrowed from Pro Player Funding, L.L.C., at 20 percent interest. Pro Player Funding is seeking reimbursement for the loan. I don’t doubt that Young signed stuff he had no understanding of, but that’s probably because he thought he had limitless funds and didn’t care enough to pay close attention. He’s probably only claiming now he was misled because he’s lost it all and he never thought that would happen. Just look at his alleged spending habits around the Nashville area to understand what kind of spender he was. The post Vince Young reportedly needed loan to throw himself $300,000 birthday party appeared first on Larry Brown Sports. Related posts: Vince Young is reportedly out of money, squandered roughly $60 million in earnings Kobe Bryant Reportedly Willing to Loan Players Money During Lockout Indians throw ‘Fausto Carmona’ birthday party to heckle him about identity fraud
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Daxter Miles’ Twitter mentions light up after Kentucky blowout

Ortiz: 'Nobody in MLB history' tested for PEDs more than me

Sam Dekker scores career high after Aaron Rodgers' challenge

Brey Day: Notre Dame’s coach makes first Elite Eight after a vintage performance

Ronda Rousey on having kids: 'I'm an ovarian goldmine'

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Pedro Martinez: Rose should be allowed in Hall of Fame

Pablo Sandoval 'cut things off at the root' with Giants

Scott Boras taking shots at Cubs' history over Kris Bryant

Kingdome debt finally paid off 15 years after demolition

49ers waive Jonathan Martin

Former MLBer Curt Ford assaulted, told to ‘go back to Ferguson’

Five bizarre NFL offseason moves that don't add up

Texas to Rick Barnes: Change your staff or you will be fired

First 'National Fantasy Football Convention' to star Tony Romo

Teams that don't deserve to win Connor McDavid Sweepstakes

How a basketball-themed art exhibit changed perceptions

Bucs admit they’ve been getting calls about Mike Glennon

The last Expo standing

NHL ships nets which have room for cameras inside posts

Toronto Raptors limping into the playoffs

Best picks ever at every spot in first round of NFL Draft

Alonzo Mourning confirms “Who wants to sex Mutombo?”

CC Sabathia attempting to get healthier by getting … fatter?

NFL News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Notre Dame’s coach makes first Elite Eight

The last Expo standing

Five under-the-radar AL MVP candidates

Michigan sent recruit's GF a letter

MLB teams that could disappoint

25 years ago, the best Sweet 16 of all time was pure madness

The 2015 bad quarterback carousel

17 facts to know before the Sweet 16

Agent: Sam was horrible at veteran combine

Keeping judo ‘pure’ in Europe means keeping MMA out

The Sweet 16 should be seen as success

On the Browns, Hard Knocks, questions and narratives

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.